Dehao Runda Announces Increase in Capital of Yangzhou Subsidiary of US$35 Million

[High-tech LED News] Dehao Runda (002005) announced that it intends to increase its capital of Yangzhou Dehao Runda Optoelectronics Co., Ltd. by 35 million US dollars, equivalent to RMB 222 million to meet the funding of Yangzhou LED Industry Base. Demand, after the capital increase, Yangzhou Dehao Runda's registered capital will reach 75 million US dollars.

Dehao Runda said that Yangzhou Subsidiary is the supporting base of the company's Wuhu LED Optoelectronic Industry Base. The company plans to deploy 30 sets of MOCVD equipment in Yangzhou. At present, the main factory building in Yangzhou has been capped and equipment will enter the market one after another.

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